5 ms·

I'm sorry, but to me, Bitcoin sounds like a globalist wet dream. Besides, I find if wired when people use globalist like some sort of insult. As if wanting the

I'm sorry, but to me, Bitcoin sounds like a globalist wet dream. Besides, I find if wired when people use globalist like some sort of insult. As if wanting the whole world to be better and more connected is a bad thing.

octopoc 5y ago
What do you think about Monero? I agree Bitcoin has big privacy problems but Monero seems to solve them. The other downside to Monero is it's proof of work, which means it needs lots of power to mine. I suppose the ideal crypto would have privacy like Monero and be proof of stake, but proof of stake is still in its infancy.
- RealityVoid 5y ago
  Let me be clear, I have nothing against the ideea of cryptocurrencies. I think they are a great ideea and... Full disclosure, they have been _ridiculously_ profitable for me. But, the way every one tags the cryptocurrency world with their ideology is tiresome and silly. Cryptocurrency is a profoundly capitalistic ideea, and it comes with all the warts of capitalism. Bitcoin is really well thought of from a game theory point of view. Satoshi had brilliant insight in what money is. I'm just not convinced that crypto will necessarily make the world a better place. It's going to simply be different, with different tradeoffs. Monero is interesting, but its privacy is also an advantage and disadvantage. I am a big fan of Ethereum, personally. It's much more alive, much more dynamic, and actively responds to poignant critics of crypto, as opposed to BTC, which to me sounds way more religious than I'm comfortable with.
acdha 5y ago
“Globalist” is also often used as a codeword by antisemitists, which always raises the question of intention when you see someone using it: https://www.haaretz.com/us-news/.premium-how-did-the-term-globalist-became-an-anti-semitic-slur-blame-bannon-1.5895925 https://www.haaretz.com/us-news/.premium-how-did-the-term-gl...
- hdjdjdnbehsh 5y ago
  K1k.es like you are the reason you aren't liked. This time the world.
- Speednet 5y ago
  Holy mackerel, you're actually going to twist my statement and say it's anti-semitic. What a jerk you are. I am being kind to you; what I'm thinking is quite worse.
  - acdha 5y ago
    Well, here's your chance to explain exactly what you did mean and why you used a poorly-defined term with a lot of baggage in attempt to attack the forum rather than engaging intellectually with the content. The innocent definition of the term isn't a pejorative and certainly doesn't have a meaning which would say it's okay to ignore something just because it ran in Foreign Policy. Also, while you may have had purely innocent intentions note that your use of that term apparently made someone else feel safe calling me an anti-Jewish slur and telling me to kill myself: https://news.ycombinator.com/item?id=29521708 https://news.ycombinator.com/item?id=29521708
    - Speednet 5y ago
      You have issues. Seek help.
      - acdha 5y ago
        You know, you might find it less unsuccessful to engage with the intellectual content rather than distracting from it.
Speednet 5y ago
Globalists desire that everyone conform to one system... of everything. They are against local systems and control. Bitcoin is antithetical to their line of thinking. In the financial world, Janet Yellen is a great example of a globalist. Can you imagine Janet Yellen ever supporting Bitcoin? I certainly can't.

octopoc 5y ago

What do you think about Monero? I agree Bitcoin has big privacy problems but Monero seems to solve them. The other downside to Monero is it's proof of work, which means it needs lots of power to mine. I suppose the ideal crypto would have privacy like Monero and be proof of stake, but proof of stake is still in its infancy.

RealityVoid 5y ago
Let me be clear, I have nothing against the ideea of cryptocurrencies. I think they are a great ideea and... Full disclosure, they have been _ridiculously_ profitable for me. But, the way every one tags the cryptocurrency world with their ideology is tiresome and silly. Cryptocurrency is a profoundly capitalistic ideea, and it comes with all the warts of capitalism. Bitcoin is really well thought of from a game theory point of view. Satoshi had brilliant insight in what money is. I'm just not convinced that crypto will necessarily make the world a better place. It's going to simply be different, with different tradeoffs. Monero is interesting, but its privacy is also an advantage and disadvantage. I am a big fan of Ethereum, personally. It's much more alive, much more dynamic, and actively responds to poignant critics of crypto, as opposed to BTC, which to me sounds way more religious than I'm comfortable with.

acdha 5y ago

“Globalist” is also often used as a codeword by antisemitists, which always raises the question of intention when you see someone using it: https://www.haaretz.com/us-news/.premium-how-did-the-term-globalist-became-an-anti-semitic-slur-blame-bannon-1.5895925 https://www.haaretz.com/us-news/.premium-how-did-the-term-gl...

hdjdjdnbehsh 5y ago
K1k.es like you are the reason you aren't liked. This time the world.
Speednet 5y ago
Holy mackerel, you're actually going to twist my statement and say it's anti-semitic. What a jerk you are. I am being kind to you; what I'm thinking is quite worse.
- acdha 5y ago
  Well, here's your chance to explain exactly what you did mean and why you used a poorly-defined term with a lot of baggage in attempt to attack the forum rather than engaging intellectually with the content. The innocent definition of the term isn't a pejorative and certainly doesn't have a meaning which would say it's okay to ignore something just because it ran in Foreign Policy. Also, while you may have had purely innocent intentions note that your use of that term apparently made someone else feel safe calling me an anti-Jewish slur and telling me to kill myself: https://news.ycombinator.com/item?id=29521708 https://news.ycombinator.com/item?id=29521708
  - Speednet 5y ago
    You have issues. Seek help.
    - acdha 5y ago
      You know, you might find it less unsuccessful to engage with the intellectual content rather than distracting from it.

Speednet 5y ago

Globalists desire that everyone conform to one system... of everything. They are against local systems and control. Bitcoin is antithetical to their line of thinking. In the financial world, Janet Yellen is a great example of a globalist. Can you imagine Janet Yellen ever supporting Bitcoin? I certainly can't.